We consider two ascending auctions for multiple objects: the SEAMO (simultaneous English auction for multiple objects … sequence of sealed-bid auctions. Then, we prove that many of the (unwanted) collusive or signaling equilibria studied in the … equilibria based on retaliatory strategies do exist in both auctions. …

The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …

We consider two ascending auctions for multiple objects, namely, an English and a Japanese auction, and derive a … consists of a finite sequence of sealed-bid auctions. Thus an equilibrium of a continuous time game is derived by means of …

The popularity of open ascending auctions is often attributed to the fact that openly observable bidding allows to … activate revenue enhancing biases. In an experiment, we compare three auctions that differ in how much information is revealed …

This study provides new identification and estimation results for ascending (traditional English or online) auctions …

for local bidders, so that price arbitrage will occur as observed in many spectrum auctions. This environment, which …

auctions, auction theory predicts bid distributions in Bayesian Nash equilibrium does not convey any information about bidders … risk averse. We show bidders' expected profits from entry into auctions is nonparametrically recoverable, if a researcher …

This study provides new identification and estimation results for ascending (traditional English or online) auctions …

Bidders’ risk attitudes have key implications for choices of revenue-maximizing auction formats. In ascending auctions … transaction prices and participation decisions in ascending auctions with entry costs. Nonparametric tests are proposed for two … of risk attitudes in a more general model of ascending auctions with selective entry, where bidders receive entry …